The first release of Junxure Cloud – set to be available in early 2013 – will provide CRM capabilities geared specifically toward financial advisors. The Raleigh, N.C.-based company plans to release subsequent versions over next year to expand on these capabilities, with the goal of making Junxure Cloud the most robust cloud-CRM application available in the market, according to Junxure co-founder and president Greg Friedman.

“We are committed to being the industry standard in everything that we do, and Junxure cloud plays a vital role in continuing that tradition,” Friedman said in a statement. “With the growing demand for cloud-based technology, we will present Junxure Cloud as a clear choice for firms who want a CRM solution specifically designed for their needs.”

“In developing Junxure Cloud, we’ve taken into account our own real-world experience as financial professionals to design a CRM solution for advisors,” Friedman said. “In addition to our continued enhancements to Junxure CRM, our evolution to the cloud is a natural next step in continuing to provide advisors with the technology and support to help them grow their firms.”

In related news, Sage Business Solutions, a major player in mid-market business software, recently introduced a new solution called Sage CRM Cloud, TMCnet reported.

Powered by Rackspace’s (News - Alert) new hybrid hosting technology, RackConnect, the solution provides the reach, flexibility and rapid time-to-value of traditional Software- as- a- Service (SaaS (News - Alert)). The CRM cloud service is designed to help businesses capitalize on the benefits of CRM in the cloud and choose how, when and where they manage critical customer information.

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